"It is well established that the NAIC has no position on the
Affordable Care Act (ACA), nor the type of health exchange implemented in
the individual states. A recent media report about the implementation of
health exchanges citing NAIC comments regarding state regulatory authority
deserves clarification. States have full authority to establish their
own exchanges, partner with the federal government, or defer to the federal
government. Although the ACA sets forth minimum standards, the states
have the opportunity to regulate and enforce their own market rules,
including rate and form approval. The NAIC continues to advocate for
maximum state authority and flexibility for those states implementing
ACA."

About the NAIC

The National Association of Insurance Commissioners (NAIC) is the U.S.
standard-setting and regulatory support organization created and governed
by the chief insurance regulators from the 50 states, the District of
Columbia and five U.S. territories. Through the NAIC, state insurance
regulators establish standards and best practices, conduct peer review, and
coordinate their regulatory oversight. NAIC staff supports these efforts
and represents the collective views of state regulators domestically and
internationally. NAIC members, together with the central resources of the
NAIC, form the national system of state-based insurance regulation in the
U.S. For more information, visit www.naic.org.